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Overland Data Changes Name

Overland Data, well known for its backup hardware, announced that shareholders approved a name change at a special meeting held on June 28, 2002. Effective immediately, the company is now Overland Storage. Overland sells a wide range of Overland-branded backup hardware and OEM-branded hardware to companies such as Dell, Hewlett-Packard (HP), and IBM. Recently, the company expanded its product line by offering storage software-management products.

Christopher Calisi, president and CEO of Overland Storage, said, "For many years we have been known as a leading supplier of innovative automated tape libraries. Since arriving at Overland slightly over a year ago, it has been my goal to expand our reach into adjacent markets. This desire led to the creation of our new software business unit and the recent launch of our family of storage management software solutions, again, targeted at the midrange market." The name change reflects Overland's expanding strategy.

http://www.overlandstorage.com

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